On the bottom, the first no. is the DD no., the second no. is the MICR, and the last no. is the Transaction Code.
there are generally 3 nos given at the bottom of the dd. the first (consisting of 9 digits) is the dd no. next (consisting of 6 digits)is the micr no. and the last one is the transaction id
ITS 9 DIGIT CODE ,NEXT TO D.D NO. example. "345458" 000006000: 000003 ---- DD no, MICR no, middle one with nine digits is MICR number.
Actually DD's do not have a MICR number. They only have a DD number. A Demand Draft Number is a unique number that can be used to uniquely identify a demand draft. No two DDs will have the same number, even if they are issued by different banks
To locate the MICR (Magnetic Ink Character Recognition) number on a Demand Draft (DD), look at the bottom of the DD. The MICR number is typically printed in a special font and is usually located to the right of the cheque number and account number. It consists of a series of digits that help in the electronic processing of the draft. If needed, you can also refer to the bank’s guidelines or customer service for assistance.
No. On the bottom, the first no. is the DD no., it is of 6 digit the second no. is the MICR, it is of 9 digit and last one is transaction code of two digit in between micr no. and transaction code there may be some other 6 digit for example- "380033"000001000:000034 12 "ddno" micr no. : 6 digit transaction code respectively
first there is DD number then MICR Number and then comes the transaction ID on the demend draft
its inthe bottom...first 56 numbers is the dd number and the nest 9 digit is the mirc number..ther may be 2 more digits after that which is the transaction code
On the top of the DD, one box will be there with Sl no. followed by digits.
MICR stands for Magnetic Ink Character Recognition. It is used by banks to identify the details like customer account number, bank branch code, bank code etc. almost all banks worldwide use these MICR numbers in their checks and demand drafts. The MICR Reader can read all the information that is written in the corresponding format in a cheque.
micr
Answering "Where is MICR code printed on SBI demand draft?"You can find IFSC or MICR codes of all branches across Indian at www.indiancodes.org Its quite faster too.